StudentShare solutions
Triangle menu

Critically analyze Joel Bakan's argument in the book The Corporation - Assignment Example

Nobody downloaded yet

Extract of sample
Critically analyze Joel Bakan's argument in the book The Corporation

Joel continues to show in his book the way the corporation diverts the democratic process through donations and lobbying. However, Joel Bakan does not stop at the illegality of the corporation but also offers insight on how the evil can be fought and balancing of power provided back to the citizens. Khan argues based on two fundamental issues. One is the claim that modern corporations continues to cause harm taking advantage of the limited liability nature of the corporations that are existing. Secondly, the attack on us of cost-benefit analysis by corporations while making decisions on health and safety issues regarding the population. The corporation is likened to human being although it poses no feelings. It is the rising of the corporate body. The railway has used the law in order to continue inflicting pain on people instead of making their lives better. The railway is a monopoly and it enjoys the benefits of setting their prices and adjusting them to whichever the cost since they do not face any competition. The monopolistic aspect of the railway corporation in the US is highlighted in this documentary. The documentary also highlights ho the environment is constantly abused by large corporations with the interest if enriching shareholders and managers of certain companies. Chapter 1 The origin of the Corporation The corporation dates back in the early 17th and 20th century. Bakan starts by pointing out the South Sea Company and how the company collapsed due to modern sags of Enron and other corporates. After the collapse of this company, many restrictions were created for joint stock companies. The restrictions were planned and desired and are now on use in the current market. The railways in the US and United Kingdom required financing. The financing led to the limited liability corporations in the whole of Atlanta. Various statutes across the Atlantic were passed to protect the corporation. Bakan continues by pointing out the competition between states like New Jersey and Delaware, in attracting corporations. The states passed permissive statutes, which are not restricting any conduct. Bakan also accuses the US Supreme court as allegedly prejudicing and giving corporation’s rights. The rights protected the corporations at the expense of the newly freed Blacks. This can be reinforced by the fact that the theory of grant came into practice. The corporations acted on the grant theory that permitted them to do anything for duration of time only they could decide to be in operation. Bakan argues that since the corporations are existing and operating as human beings, they are rising and causing grave harm to the society by rendering shareholders and society helpless against the power that they possess. Bakan continues to present both sides of his argument on the evil of corporation and the ways by which this oppression can be sidelines. He makes a major option that ownership of the shareholders and control of their investment is the only way to bring back the control of the corporations in the hands of the public. By achieving this, Bakan argues that the operation of corporations by impunity and lack of accountability can end. The hidden factor that Bakan highlights is that the limited liability companies mask the idea that they cannot exist without the grants from the state. Bakan argues ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Critically analyze Joel Bakan's argument in the book The Corporation Assignment”, n.d.)
Retrieved from https://studentshare.net/sociology/89390-ypcritically-analyze-joel-bakanyies-argument-in
(Critically Analyze Joel Bakan'S Argument in the Book The Corporation Assignment)
https://studentshare.net/sociology/89390-ypcritically-analyze-joel-bakanyies-argument-in.
“Critically Analyze Joel Bakan'S Argument in the Book The Corporation Assignment”, n.d. https://studentshare.net/sociology/89390-ypcritically-analyze-joel-bakanyies-argument-in.
  • Cited: 0 times

Summary

The Corporation Institution’s Name Name The Corporation Introduction Professor Joel Bakan introduces the book by likening the corporation to a human being. He argues that if the corporation was human, then it would be a psychopath. Good men and women has caused harm in the society through the corporation…
Critically analyze Joel Bakans argument in the book The Corporation
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Critically analyze Joel Bakan's argument in the book The Corporation"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Corporation acquisitions
It helps them establish their basis within the pertinent market domains, and assist in exponentially enhancing their market share within the related market terrains. At times, firms pay just too much to acquire other corporations (Gaughan 1999). At other times, the costs for acquiring corporations is just reasonable, however this hardly happens and the firms end up paying a lot of money to purchase other corporations which shall be the cornerstone of their own success in the future.
1 pages (250 words) Assignment
JVA Corporation
Overall profitability of JVA Corporation is assessed by reviewing appraisal process, performance management system and compensation packages offered so that appropriate proposal is submitted by Human Resource (HR) department. For every organization, PMS is a vital tool for motivating employees and guiding them about performing in organization so that they can improve their skills and perform their job effectively (One Step, 2010; Virani, 2012).
4 pages (1000 words) Assignment
Nestle Corporation
Nestle Corporation is a company that has been very successful in the marketplace for over 100 years due to its ability to adapt to market changes and implement first order and second order changes whenever necessary. Throughout its history Nestle has implemented changes to ensure the success of the company.
2 pages (500 words) Assignment
Multinational Corporation
(Barrell, 1997) But with the expansion in the economy, on one hand FDI has remained successful in providing full-fledged investment support to the East Asian countries, while on the other hand FDI has created a vacuum for the European states particularly in the area of labour.
8 pages (2000 words) Assignment
Major Corporation
This has enabled the corporation to meet its goals and become a leading one all over the world. Some of the Wal-mart’s philanthropic efforts that the
2 pages (500 words) Assignment
English - The Corporation book - Key concepts
Why would I?” (Bakan, page 120) Studies demonstrate, however, that exposure to the shows increases students product evaluations and desires to buy the advertised products, and also fosters consumer- related attitudes of materialism,
1 pages (250 words) Assignment
Art analyze
The image has a black and white coloration, which suggests that the image depicts a situation in the ancient times. I can see the lighting coming from above,
2 pages (500 words) Assignment
The corporation
The film The Cooperation is organized in a compare and contrast manner. The film compares different cooperation and individuals including and top-level executives
2 pages (500 words) Assignment
NCI corporation
Workers in the marketing department should be replaced since in the firm nobody knows how the new product can be marketed. The operating margin for manufacturing caskets is about
2 pages (500 words) Assignment
Xerox Corporation
 Xerox Corporation is a multinational management corporation based in America. It manufactures and sells a collection of printers in black and white, multifunctional systems, photocopiers, the printing press for digital production and other associated services. It was founded in 1906 in Rochester, which it initially produced photographic paper.
2 pages (500 words) Assignment
Comments (0)
Click to create a comment
Let us find you another Assignment on topic Critically analyze Joel Bakan's argument in the book The Corporation for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us